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i have a question of you, dana bash. dana, are you there? she can't hear me. well, i wanted to ask her about these $800 billion in tax revenue. i want to make it clear to all of you that does not mean an increase in taxes on the wealthiest americans. that means closing loopholes and cutting other things to raise that $800 billion in tax revenue that the republicans are talking about. we're going to hear much more about this on the other side of the break and we'll be right back. >>> just moments ago, john boehner spoke to reporters and said he made an offer. part of the negotiations to avoid that fiscal cliff, he made that offer to president obama that includes $800 billion in tax revenue. he wants to overhaul the entire tax code, close loopholes, things like that. he's waiting for a response from the president. listen to what he said. >> you know, this week we made a got faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue. and, frankly, it was the balanced approach that the pr
i have a question of you, dana bash. dana, are you there? she can't hear me. well, i wanted to ask her about these $800 billion in tax revenue. i want to make it clear to all of you that does not mean an increase in taxes on the wealthiest americans. that means closing loopholes and cutting other things to raise that $800 billion in tax revenue that the republicans are talking about. we're going to hear much more about this on the other side of the break and we'll be right back. >>>...
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i want to start there with dana bash here in a moment. because the fiscal cliff debate is starting to sound like, you know, a high stakes game of chicken. there is all kinds of tough talk. no action. right now democrats and republicans are refusing to compromise on this key sticking point, how to get more money from wealthy people. president obama, you know the deal, he wants to raise tax rates for the wealthy. house speaker john boehner wants to close tax loopholes, limit deductions for the wealthy. let's stay on the hill here, let's talk to senior congressional correspondent dana bash. we know the speaker -- we know speaker boehner met with conservative republicans today. did he get any backlash today from his plan? >> reporter: you know what, interestingly it doesn't seem like he did. we know that conservatives are not happy with the idea that their own house republican leadership proposed a plan that includes $800 billion in new revenue. we have seen -- reported on it extensively yesterday and the day before about the e-mail alerts th
i want to start there with dana bash here in a moment. because the fiscal cliff debate is starting to sound like, you know, a high stakes game of chicken. there is all kinds of tough talk. no action. right now democrats and republicans are refusing to compromise on this key sticking point, how to get more money from wealthy people. president obama, you know the deal, he wants to raise tax rates for the wealthy. house speaker john boehner wants to close tax loopholes, limit deductions for the...
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dana bash, our cnn congressional cour correspondent from capitol hill is joining us. it doesn't look that way yet, does it? >> we think it's bad they're not talking to each other, but if it ends up like that in certain part it is of the world, not talking is not such a bad thing. >> it hasn't evolved into that yet. where are we with the idea of compromi compromise? is there any solution to not going over the fiscal cliff? >> reporter: we heard a lot of the same today from leaders in both parties. from the speaker coming out and saying the president's got to put more spending cuts on the table and from the democratic leaders say that the republicans just have to give on agreeing to raise tax rates for the wealthy. no. guess what? we heard from dthem that the house speaker is going home this weekend. he's not going to be here. they'll hopefully talk to the phone, but no face-to-face meetings. >> dana you talked to a couple of guys that spent careers in congress making deals, and they talk about you how they did it. tell us a little bit about that, the insights here. >>
dana bash, our cnn congressional cour correspondent from capitol hill is joining us. it doesn't look that way yet, does it? >> we think it's bad they're not talking to each other, but if it ends up like that in certain part it is of the world, not talking is not such a bad thing. >> it hasn't evolved into that yet. where are we with the idea of compromi compromise? is there any solution to not going over the fiscal cliff? >> reporter: we heard a lot of the same today from...
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let's bring in our senior congressional correspondent dana basch, she has the latest. >> reporter: there's so much political theater around here right now, you could say tickets. one of today's acts was the house leaving. lawmakers streaming out of the capitol hill, racing to their cars to get to the airport and go home. it's a scene you usually see on a thursday afternoon or friday morning, not wednesday at noon. >> good morning. >> house republican leaders told members they're free to leave, because they have nothing to vote on. >> i understand that you are saying legislation has been put on the floor. when it comes to just pure optics of the house leaving with the fiscal cliff right in front of us -- >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> in fact, sending lawmakers home is a way for house republicans to illustrate their current message, your move, mr. president. >> we need a response from the white house, we can't negotiate with ourselves. >> john boehner made a point at expressing dismay the presi
let's bring in our senior congressional correspondent dana basch, she has the latest. >> reporter: there's so much political theater around here right now, you could say tickets. one of today's acts was the house leaving. lawmakers streaming out of the capitol hill, racing to their cars to get to the airport and go home. it's a scene you usually see on a thursday afternoon or friday morning, not wednesday at noon. >> good morning. >> house republican leaders told members...
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nothing happens with moody's chief economist mark zandy, jackie comes of the "new york times" and cnn's dana bash. i'm candy crowley and this is "state of the union." >>> politically the speaker is playing with a weaker hand that the president, the pressure is higher on him and his critics are harder too. >> the republican party's finished. >> he is selling out our children right now with these massive tax increases and that's a starting bid. he's saying here $800 billion now will you sit down with us, obama? >> twistill with the votes get counted in his caucus of republicans, boehner seems to have more room to maneuver than he did in preelection face-offs over political matters. even if the republican speaker gets a deal, can he get it passed? joining me now, republican congressman tom cole of oklahoma and marsha blackburn of tennessee, thank you both so much for joining us, that's really the key question, we keep saying they'll get a deal, they'll get something. it doesn't matter whether the two of them get a deal, it matter also the speaker haas the house votes to vote for it. how free a
nothing happens with moody's chief economist mark zandy, jackie comes of the "new york times" and cnn's dana bash. i'm candy crowley and this is "state of the union." >>> politically the speaker is playing with a weaker hand that the president, the pressure is higher on him and his critics are harder too. >> the republican party's finished. >> he is selling out our children right now with these massive tax increases and that's a starting bid. he's saying...
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dana bash, i have to jump. thanks. if you could continue working that for us because i know there will be further developments hope reply today. one thing that's critical with what the speaker just said, whether that will have a bearing on the stock market, certainly what happened this morning with the jobs numbers, that's got a bearing on the market. 146,000 new jobs for november. it is good news for investors, believe it or not. 25 days away from the fiscal cliff, those new jobs number could also be good for president obama and might end up giving him some of the leverage dana was talking about. listen to this. >> president obama's argument has been that the economy is doing well enough it could handle a tax hike. if the economy were in recession as we saw last time, then he would be reluctant to lift that top rate. if the economy is growing sharply, then if -- the -- some damage from lifting the top rate then maybe the economy can afford it. now the gdp growth number is not as strong as the jobs report. but if we a
dana bash, i have to jump. thanks. if you could continue working that for us because i know there will be further developments hope reply today. one thing that's critical with what the speaker just said, whether that will have a bearing on the stock market, certainly what happened this morning with the jobs numbers, that's got a bearing on the market. 146,000 new jobs for november. it is good news for investors, believe it or not. 25 days away from the fiscal cliff, those new jobs number could...
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let's bring in dana bash. what are you learning? >> reporter: the president is probably on his way to have this meeting with the president that we heard about this afternoon. that's certainly true if you talk to former leaders like i did today on both sides of the aisle. tom daschle and trent lott who hashed out deals like this one. they said, this is exactly what needs to happen. talk: i used to stand outside in the hall and it was a question of when would the deal happen and now it's will they get a deal. what's changed? >> news media is more omnipresent. all of the new social media, traveling back and forth and different personal see teas. tom and i had our differences. not everything was just perfect. >> i was there. i know it wasn't. >> it wasn't perfect. >> and i still am convinced and hopeful, at least, that they are going to come to an agreement. there's an argument that you don't want to make it too early because that gives people not too happy with it more time to undermine it. so the tempo and timing is important. >> we w
let's bring in dana bash. what are you learning? >> reporter: the president is probably on his way to have this meeting with the president that we heard about this afternoon. that's certainly true if you talk to former leaders like i did today on both sides of the aisle. tom daschle and trent lott who hashed out deals like this one. they said, this is exactly what needs to happen. talk: i used to stand outside in the hall and it was a question of when would the deal happen and now it's...
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dana, thanks very much. i want to bring in sunny hostin who is legal contributor for "in session" on trutv. what do you make of this hiring of an illegal immigrant in the united states but also a registered sex offender? >> well, you know, it's odd that the senator's office would not haveuncover at least his immigration status because he entered the country from peru on a visitor's visa. the fact that it had expired is certainly something the office would have been able to figure out. it's a little more challenging when it comes to his sex offender status. because he's 18 years old now. my understanding, wolf, is that he violated some, he was convicted of some sort of crime, probably in 2010. he would have been 16 years old. he would have been tried and convicted as a juvenile. and oftentimes, those particular sex offender records are not public. so if you look his name up, let's say, in the public registry, that would not come up. that is not to say, however, that a thorough background check would not refle
dana, thanks very much. i want to bring in sunny hostin who is legal contributor for "in session" on trutv. what do you make of this hiring of an illegal immigrant in the united states but also a registered sex offender? >> well, you know, it's odd that the senator's office would not haveuncover at least his immigration status because he entered the country from peru on a visitor's visa. the fact that it had expired is certainly something the office would have been able to...
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we'll have more next, with dana bash, it -- unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management at the chevy year-end event because chevy's giving more. more efficiency with sonic and cruze... more function in equinox and traverse... more dependability with the legendary silverado... and more style in the all-new malibu. chevy's giving more at the year-end event because 'tis the season. chevy's giving more. this holiday season, get a 2013 cruze ls for around $169 per month or get $500 holiday bonus cash. >>> joining me around the table, dana bash, chief economist, mark zandi, and you have a new book out entitled "paying the price." steven moore, and jackie calmes. let's just ask you two, first, so set the stage. will it be armageddon? should we all start hoarding gold? you get such differing opinions about what would happen. >> well, january 1, no, no big deal. particularly if the treasury d
we'll have more next, with dana bash, it -- unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management at the chevy year-end event because chevy's giving more. more efficiency with sonic and cruze... more function in equinox and traverse... more dependability with the legendary silverado... and more style in the all-new...
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that shows how long it has been, dana. i know you covering the hill, the white house for many years. you can't do that without really having a lot of conversation and time with joe bieberman. i remember covering the al gore/lieberman race when he lost in 2000 or so. what do you think he's going to be known for? what is going to stand out, his mark on his 24 years? >> reporter: i think there's no question his mark is how unconventional he has been and particularly the way he has straddled both parties. he's now officially independent, as you mentioned. he was a democrat, a life-long democrat so much so he was chosen by al gore to be the democratic party's vice presidential candidate, running mate, and then just six years later in 2006 he was tossed out by democratic voters in the state of connecticut in the primary there because of his unwavering support for the iraq war. then he became an independent, and then two years after that in 2008 i was on the campaign trail with the republican presidential candidate, john mccain,
that shows how long it has been, dana. i know you covering the hill, the white house for many years. you can't do that without really having a lot of conversation and time with joe bieberman. i remember covering the al gore/lieberman race when he lost in 2000 or so. what do you think he's going to be known for? what is going to stand out, his mark on his 24 years? >> reporter: i think there's no question his mark is how unconventional he has been and particularly the way he has straddled...
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here is dana bash, senior correspondent. >> reporter: the house speaker ended the week with a progress report, none. >> when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: he and the president spoke by phone, only once all week, and it didn't produce much. >> just more of the same, it is time for the president to be serious, to come back to us with a counter offer. >> reporter: but what may have been most notable what was john boehner did not say. he did not repeat his demand to keep taxes cuts for the wealthy in place, the biggest issue that divides them, instead he said this. >> there are a lot of things possible for the revenue, to put on the table. but none of it will be possible if the president insists on his position, insists on my way, or the highway. >> reporter: aides to john boehner and the president who are doing the negotiating are tight-lipped. but others suggest possible compromise on the thorny tax issue. one, instead of raising the current tax rate on the wealthy from the 37% from
here is dana bash, senior correspondent. >> reporter: the house speaker ended the week with a progress report, none. >> when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: he and the president spoke by phone, only once all week, and it didn't produce much. >> just more of the same, it is time for the president to be serious, to come back to us with a counter offer. >>...
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dana, thanks very much. and i'm joined now by senator demint along with heritage foundation founding trustee, the current president, we see the outgoing president, ed feulner, thanks for coming in. we're going to talk a little about the state of the heritage foundation and the republican party. the senator's here, the newsmaker, you shocked all of us. why did you do this? >> wolf, after this last election it's apparent we need to do more as conservatives to convince americans that our ideas and policies are going to make their lives better. the heritage foundation is the premier think tank, research organization, the premier idea group for the conservative movement. this will give me the opportunity to help take our case to the american people. and to translate our policies into real ideas. >> so you think you can be more influential within the conservative movement as the leader of the heritage foundation as oppose today a united states senator? >> there's no question about it. >> what does that say about t
dana, thanks very much. and i'm joined now by senator demint along with heritage foundation founding trustee, the current president, we see the outgoing president, ed feulner, thanks for coming in. we're going to talk a little about the state of the heritage foundation and the republican party. the senator's here, the newsmaker, you shocked all of us. why did you do this? >> wolf, after this last election it's apparent we need to do more as conservatives to convince americans that our...
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our senior congressional correspondent dana bash is up on capitol hill. what are you hearing, dana? >> reporter: the senate majority leader who told me he's one of the biggest pessimists says he thinks it's going to be very difficult to get a deal done by christmas. meanwhile, republicans don't have a lot of opposition to raising the tax rates tried a different tactic today. a new coordinated message from republicans searching for more secure political footing. mr. president, show us your cuts. >> where are the president's spending cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. >> nobody should trust democrats to put a dime until real deficit reductions. >> reporter: to better understand the gop positioning, remember what any reduction deficit looks like drawn from two different pots of money. first, tax revenue. second, spending cuts likely to center on changes to entitlements like medicare. on revenues, republicans already conceded to tax increases for the wealthy. the big sticking point is what kind and how much. since t
our senior congressional correspondent dana bash is up on capitol hill. what are you hearing, dana? >> reporter: the senate majority leader who told me he's one of the biggest pessimists says he thinks it's going to be very difficult to get a deal done by christmas. meanwhile, republicans don't have a lot of opposition to raising the tax rates tried a different tactic today. a new coordinated message from republicans searching for more secure political footing. mr. president, show us your...
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dana, what can you tell us? >> reporter: well, we were told first earlier today by democratic source that part of the reason why that phone call between the president and the speaker didn't go so well to put it mildly is because part of the republican counteroffer they sent to the white house yesterday included a renewed call for, quote, permanent tax cuts for the wealthiest americans. now, we know that that is a nonstarter in general for the president. he said it ump team times, but the democrats at the white house felt that to put the word permanent in a republican offer made clear according to the source i talked to that it was -- that they just don't understand what needs to be done to get something to pass the senate and the house, or to get more importantly the president to sign something. that's one of the main reasons why there is a lot of tension today. i can tell you on the republican side, the speaker wasn't happy because he simply does not think, and he said this in private to republicans today as we
dana, what can you tell us? >> reporter: well, we were told first earlier today by democratic source that part of the reason why that phone call between the president and the speaker didn't go so well to put it mildly is because part of the republican counteroffer they sent to the white house yesterday included a renewed call for, quote, permanent tax cuts for the wealthiest americans. now, we know that that is a nonstarter in general for the president. he said it ump team times, but the...
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dana priest and will yaj arkin have documented that the u.s. government has built 33 new building complexes for the intelligence bureaucracies alone, occupying 17 million square feet, the equivalent of 22 u.s. capitals or three pentagons. the department of homeland security itself employs almost one quarter of a million people. of course, there are new branches out there. those terrorists should be captured or killed, but we have done this before and we can do it again in the future under more normal legal circumstances. it will mean that the administration will have to be more careful and perhaps have more congressional involvement for certain actions like drone strikes. it might mean it will have to charge some of the people in guantanamo and try them in military or civilian courts. but is all this bad? so have we reached a point where we might consider shifting from emergency wartime powers? well, a new report is out this week, a new global terrorism index. it goes from 2002 to 2011. it shows that terrorism went up from '02 to '07 largely be
dana priest and will yaj arkin have documented that the u.s. government has built 33 new building complexes for the intelligence bureaucracies alone, occupying 17 million square feet, the equivalent of 22 u.s. capitals or three pentagons. the department of homeland security itself employs almost one quarter of a million people. of course, there are new branches out there. those terrorists should be captured or killed, but we have done this before and we can do it again in the future under more...
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cnn's dana bash live on capitol hill with more. why did senator demint decide to step down? >> we're trying to get more information from his aides. maybe find him in the hallways here. it's a bit of a surprise because demint has felt that he's been able to be effective here in congress because he has been kind of a conservative very willing to push his own leadership in ways that often times they don't want to be pushed with regard to deficit reduction, with regard to strict fiscal policy. that's by far his number one issue. i can tell you he's also really angered republican leaders over the past two election cycles by raising millions of dollars, a lot of money, for republican candidates who "establishment" thought were less able to win the general election. he is a purist. he's an anti-tax, anti-government purist. it does seem that he's kind of had it here. he wouldn't be the only one to say that they don't feel they can get enough done from the inside and it's probably better to go to the house. we'll try to get more information on why he's making this decision. not just
cnn's dana bash live on capitol hill with more. why did senator demint decide to step down? >> we're trying to get more information from his aides. maybe find him in the hallways here. it's a bit of a surprise because demint has felt that he's been able to be effective here in congress because he has been kind of a conservative very willing to push his own leadership in ways that often times they don't want to be pushed with regard to deficit reduction, with regard to strict fiscal...
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let's bring in our senior congressional correspondent, dana bash. >> reporter: reckless was the strong word the speaker used to describe timothy geithner's statement that he is willing to go over the cliff if republicans don't give on tax rates for the wealthy. i am told by a congressional source familiar with the talks they only had four, four staff level negotiations on the issue of the fiscal cliff, and that's why the speaker says the president is slow walking the issue. the house speaker ended the week with a progress report. none. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: he and the president spoke by phone only once all week and it didn't produce much. >> just more of the same. it is time for the president if he's serious to come back with a counteroffer. >> reporter: what may have been most notable was what boehner did not say. he did not repeat his demand to keep tax cuts for the wealthy in place, the biggest issue that divides them. instead, when asked, he said this. >> there
let's bring in our senior congressional correspondent, dana bash. >> reporter: reckless was the strong word the speaker used to describe timothy geithner's statement that he is willing to go over the cliff if republicans don't give on tax rates for the wealthy. i am told by a congressional source familiar with the talks they only had four, four staff level negotiations on the issue of the fiscal cliff, and that's why the speaker says the president is slow walking the issue. the house...
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. >> dana milbank said republicans had not merely thrown up the white flag, but the white bed sheet. i think you have seen movement on the part of republicans, that they're willing to give the government $800 billion of revenue and the president hasn't been willing to meet that because of his fetish about raising tax rates on the top 2%. but as for negotiations, i rather like jeff sessions, the senator's suggestion that these are really big issues and very big decisions that should be made by our elected representatives in the senate and in the house. i'm not sure i like this idea that the president and the house majority leader, a republican, get to meet behind closed doors and get to make enormous fiscal decisions just between the two of them. >> do you think more would get done if they did this in front of the cameras? >> i actually think it should be one extreme or the other. they should either lock them behind closed doors until they get something done, let them hash it out, and then come out and announce the deal that we're not going to go over the fiscal cliff, or put everythi
. >> dana milbank said republicans had not merely thrown up the white flag, but the white bed sheet. i think you have seen movement on the part of republicans, that they're willing to give the government $800 billion of revenue and the president hasn't been willing to meet that because of his fetish about raising tax rates on the top 2%. but as for negotiations, i rather like jeff sessions, the senator's suggestion that these are really big issues and very big decisions that should be...
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dana, you talked to the two men who spent their careers in congress making deals like this. how do they pull it off? >> it was a fascinating conversation. the two men you are talking are about two former senate majority leaders. a republican and a democrat. trent lott and tom daschle. they worked on opposite sides for almost a decade. that is the question i asked. it wasn't always pretty, but how did you come up with deals when you had touch negotiations like what's going on right now. the answer was simple. talk to each other. >> i do think that they reached a point where they need to quit talking through the media. i'm talking about both parties and the leaders in congress. some of the most effective wi timth theresint or at dn least with the chief of staff and the director with our key budget people and we really talk about alternatives and hammered it out. >> this will be the test. if we reset it has to happen around the fiscal cliff first. there a lot of other issues out there that could be addressed if we can really create a new climate. whether we do in part depends o
dana, you talked to the two men who spent their careers in congress making deals like this. how do they pull it off? >> it was a fascinating conversation. the two men you are talking are about two former senate majority leaders. a republican and a democrat. trent lott and tom daschle. they worked on opposite sides for almost a decade. that is the question i asked. it wasn't always pretty, but how did you come up with deals when you had touch negotiations like what's going on right now....